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intellect or exercise in ideology. i covered ronald reagan for six years. and if you want to discuss it some more, i can tell what you i learned in those six years of covering the presidency. it with a lot different than than what i thought it was going to be. it became clear to me that to a large degree, it is a test of the president's will and purpose. to believe in a few big things, to stand steady against the swirl of political controversy, opinion, nowadays, that's certainly not true for the presidents in this book. polls, advice from counselors, all kinds of things that would drive a president away from his core convictions to not necessarily do what he believed in or what he really believed to be best for the country. this is a book about character, about 16 presidents from george washington to george w. bush who all in a moment of national crisis did what they in their hearts believe was the right thing for the country, who showed character. not necessarily what turned out to be right. think there's some decisions they made that i don't know i agree with. and you can certainly argue
of course was a economic adviser to president ronald reagan, and then has commented on these issues and read about these issues and donald is the director of the urban brookings tax policy center and former acting director of the congressional budget office as well. so we have three experts to talk about these issues and walk us through this minefield of tax policy and see where there might be common ground where the conversations of the white house could be ending up. peter, let me start with you. and the basic question about whether or not tax revenue has to be a part of this part of the conversation to begin with and whether the two sides were there is more common ground than they think. >> first obviously i think the tax revenue has to be part of the solution here both because the underlying budget but also because the election that was just held and the desire and the administration to maintain that additional revenue that they ran on and they won. on the substance though the point that i would make this would ever comes out of this fiscal cliff frankly i am now going to step out of the
% interest rates gas lines, stagflation in 1888 different president. ronald reagan inherited a struggling economy. and reagan implemented policies 180 degrees opposite those of obama. incentive jacking up taxes, he slashed taxes. instead of exploding spending on the debt, he restrain the growth of spending and instead of unleashing the the regulators, by the way, what i think the regulators i can't help think of mr. burns saying release the hounds. [laughter] instead of releasing the hounds of regulators and small businesses a notch when there is, reagan limited regulation and the result was one of the most extraordinary burst of economic proactivity our nation has ever seen. the fourth-year regulation precisely corresponds to write here, the fourth year of obama's president be. anyone know what gdp growth was in 1984? 7.2%. our ideas work, their ideas don't. if you want growth, if you want jobs, if you want 23 million people struggling to find to get jobs, the answer is that the unique growth. they simplify the tax burden, reduce regulations and punching small businesses a notch for view
that to us when ronald reagan ran for reelection in 1984, the similar situation he raised money for his primary and the party come even though he took the public general election funding he attended for fundraisers in that year. what are we doing when we have the president running around? as i recall the nevada event after libya was a fundraiser. this is the fourth of his time in office is this election year and a spinning in a fundraisers. romney skeen skeen videotaped it is fundraisers talking about the 47% in a private room with people that's what they want to hear. that's who he's meeting with all the time. so this is a problem for both sides and were going to see the pressure in the house and senate races. >> we only have a minute left, but it does to hear if there is an action of some sort taken to compel disclosure or the higher degree of independence for whatever measures the face. the vision of the future two, three, four cyclists on the road butter politics is going to look like. you were describing a minute ago the growth of the party structure composed of these sorts of orga
examples of presidents who solved big problems by finding common ground with the other side. ronald reagan did it with a democratic-led house after a far more resounding second-term victory than president obama's, as did bill clinton, with a republican-controlled house and a republican-controlled senate after a more resounding second-term victory than president obama. both examples -- both of them -- illustrate the rare opportunity that divided government presents. president obama can follow suit or he can take the extremist view that both reagan and clinton rejected, by thumbing his nose at the other side and insisting that if republicans aren't willing to do things his way, he won't do anything at all. now, if the president's serious, he'll follow the leads of president reagan and clinton. if he's really serious, he'll put the campaign rhetoric aside, propose a realistic solution that can pass a republican-controlled house and a divided senate, and work to get it done. and if the president acts in this spirit, i have no doubt he'll have the support of his own party and a willing partner
Search Results 0 to 4 of about 5